daniellemtadlock daniellemtadlock

03-04-2018
Mathematics

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PLEASE HELP ASAP!!!!!!! 20 POINTS

PLEASE HELP ASAP 20 POINTS class=

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nethp1020pbgwea nethp1020pbgwea

07-07-2018

Recall the compound interest formula
[tex]a = p {(1 + \frac{r}{n} )}^{nt} [/tex]
Where r = 0.04, n = 12 since compounded monthly, t = 30, and p, initial value, is 24000.

Plug them in, 79523.95 seems to be the solution.

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